petrosc

Originally Posted by mick

Can someone explain how the reserve price at ebay works and what to take care of? When auctioning would you set it up starting at $1 and risk in selling it for too less? And would you suggest using an escrow service for domain auctions on ebay? I have no experience in escrow companies. Would you use that one from ebay? What does it cost and from which price would the additional costs be justified? I mean if you sell your domain for only $xx or $xxx an escrow service would be too expensive I guess. (there are still ebay and paypal fees) Thanks Mike

Mike,
Using an escrow service is definately recommended for sales above $400-500, considering that you will split the fees with the byer. The most secure escrow service out there is Moniker's escrow service. Unlike other similar services, they move the domain to their secure account, they take the money from the buyer, and once they have the money and domain in their possession, they send the money to the seller and transfer the domain to the buyer. There is no way to get scammed using them. I have used their service, I totally recommend them without any hesitation. If I'm not mistaken, their fees are $50 for sales under $500 and $75 for sales between $500-$999

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